NEW YORK--(BUSINESS WIRE)--Long Ridge Equity Partners (“Long Ridge”), a private equity firm focused on the financial and business technology sectors, today announced the promotions of Andrew Cedar and Jason Melton to Partner, and Doug Nelson to Principal. All three promotions support the continued growth of Long Ridge and the firm’s organic approach to team-building: recruiting top junior talent and developing/promoting from within. The firm has now grown to over 20 employees since its founding in 2007.
“These promotions represent the well-deserved recognition of these individuals, who have been instrumental to Long Ridge’s growth and success,” said Jim Brown, Founder and Managing Partner at Long Ridge. “We are proud of their contributions in advancing the growth of not only the firm, but also our portfolio companies.”
“Andrew, Jason, and Doug have grown into proven firm leaders and seasoned investment professionals driving results across the Long Ridge portfolio,” said Kevin Bhatt, Managing Partner of Long Ridge. “We are excited to see them continue to grow in their new roles and look forward to their continued contributions to our portfolio of world-class founders and high-growth businesses.”
Andrew Cedar joined Long Ridge in 2016 and works closely with portfolio companies Acqueon, Ametros, Carson Group (exited), National Credit Care, Oritain, and their executive teams to accelerate growth. He serves on the boards of Acqueon and Ametros and is a board observer for Oritain. Andrew additionally helps lead the firm’s DEI initiatives as a member of the firm’s ESG committee.
Prior to Long Ridge, Andrew was at McKinsey & Company, where he reported directly to the Global Managing Partner. Previously, Andrew worked on the Obama Administration’s national security and foreign policy team, as Senior Director for Global Engagement at the White House National Security Council and as an advisor at the State Department. He received a B.A. in Political Science summa cum laude and Phi Beta Kappa from Yale University, an M.Phil in International Relations from Cambridge University, and an M.B.A. with distinction from Harvard Business School. Andrew is a Term Member of the Council on Foreign Relations.
Jason Melton joined Long Ridge in 2014 and works closely with portfolio companies AuthenticID, Avetta, Broadway Technology, Drawbridge, NinjaTrader, ProcessUnity, Ripjar, SALI Fund Services (exited), and their executive teams. He serves on the boards of AuthenticID, NinjaTrader, ProcessUnity, and Ripjar. Additionally, Jason is a member of the National Safety Council (“NSC”) board of directors. He brings a unique perspective to the NSC board, given Long Ridge’s extensive expertise investing in the risk and compliance sector.
Before joining Long Ridge, Jason worked at Barclays in the Financial Institutions Group, advising financial technology and services companies on M&A and capital markets transactions. He received a B.S. in Business Management, focusing on Entrepreneurship and Finance, from Babson College.
Doug Nelson joined Long Ridge in 2018 and works closely with portfolio companies BlueTarp (exited), EQIS, Neighborhoods, Treez, TRUE, and Provana. In addition to his role at Long Ridge, Doug is an Advisory Board member for the FinTech Sandbox, a non-profit accelerator that provides financial data, hosting, and mentoring to fintech startups.
Prior to joining Long Ridge, Doug was with F-Prime Capital, a global venture capital firm affiliated with Fidelity Investments. Doug also previously worked in strategy for Fidelity Investments, product management for Amazon, and finance for Flywire. He received a B.A. in History with Honors from Dartmouth College and an M.B.A. from Harvard Business School.
About Long Ridge Equity Partners
Founded in 2007, Long Ridge Equity Partners is a private investment firm focused on the financial and business technology sectors. Leveraging deep sector knowledge and an extensive network of industry resources, Long Ridge serves as a value-added partner to high-growth businesses. Since its founding, Long Ridge's principals have sponsored some of the most successful growth companies in the financial and business technology sectors, providing leading management teams with partnership, strategic resources, and capital to drive profitable expansion. Long Ridge manages over $1 billion of committed capital. For more information on Long Ridge Equity Partners, please visit www.long-ridge.com.
